Our mission is to educate visionary leaders of tomorrow who will act as agents of change and help shape the future business world by pushing forward the frontiers of knowledge related to the management of business organizations, while making that knowledge relevant to practitioners. Generating and disseminating knowledge represent our twin objectives.
Our vision is to become one of the leading research-driven Graduate Business Schools in southeastern Europe, on the basis of excellence of teaching and its intellectual impact on the business world, attracting outstanding faculty and students from all over the world.
“Business Unusual” signifies our unwavering commitment to setting our sights over the horizon, reaching for visionary ideals and working restlessly to get there, against the tide and against all odds.
This is the spirit in which we pursue our transformative, Business Unusual, mission as stated above.
We apply this principle to all the challenges facing business and society today, in Greece and beyond. In the face of economic, social, political and environmental crisis, we maintain the highest ethical and quality standards while seeking innovations that will transform everything else.
Business Unusual is the founding DNA of ALBA. A way of thinking and working in business, a way of living in society. We invite all those who share or wish to partake in this mentality to join us.
ALBA was founded in 1992, through a joint initiative of the Federation of Greek Industries ( ΣΕΒ ), the leading Employers' Union in Greece, and the Hellenic Management Association ( ΕΕΔΕ ); both the preparation for the creation of ALBA and its operations until the end of 1993 were funded by the European Commission and by contributions offered by its Corporate Members.
In February 1995, the Athens Chamber of Commerce and Industry ( ΕΒΕΑ ) joined the Federation of Greek Industries and the Hellenic Management Association to become the third collective body of Greek businesses under whose auspices ALBA now operates.
Since the end of December 2011, ALBA Graduate Business School and The American College of Greece (ACG) have formed a strategic alliance aiming to create a top international educational institution in Greece.
Europe’s largest and most historic American college and Greece’s most prestigious graduate business school combined their strengths to pursue an ambitious growth strategy that will further consolidate their leadership positions. By joining forces, the two institutions will also become more competitive internationally and contribute to making Greece an international educational destination.
In the framework of this alliance, ALBA, continues offering its portfolio of MBA and business related MSc programs and pursuing its other activities as ALBA Graduate Business School at The American College of Greece. ACG continues to offer undergraduate programs in business and the liberal arts and sciences, as well as graduate programs in the arts and sciences through DEREE.
The two schools — both non-profit institutions — will retain all of their existing accreditations, including ACG’s NEASC and ALBA’s AMBA and EFMD/EPAS.
The ACG and ALBA collaboration forms one of the largest and certainly the most influential alumni community in Greece, numbering some 37,000 highly qualified individuals who are active in thousands of businesses and organizations, as well as in academia and public affairs, many of them in leadership positions, in Greece and abroad.
ALBA was established as a not-for-profit educational association of organizations of Greek corporations/employers and individual corporations. Today, 87 companies are corporate members.
It operated outside the Greek formal (state) educational system as a Laboratory of Liberal Studies (Εργαστήριο Ελευθέρων Σπουδών). In 2009 ALBA was established as ALBA College of Business Administration according to the Law 3696/2008.
In 2010 according to the Law 3848/2010 ALBA was established as a Center of Postsecondary Education.
In 2013 according to the new Law 2038/2013 ALBA is established and operates as a College.
Its operations are funded by tuitions and fees, contributions by employers' organizations and by corporate and individual donations.
The Academic Council is an international advisory body consisting of the following internationally renowned scholars convening annually to review ALBA's performance and discuss strategic issues:
Takis J. Athanasopoulos, Chairman of the Board of IOBE, Chairman of HERACLES Group of Companies; Professor Emeritus, Department of Banking and Finance, University of Piraeus, Greece
Richard E. Boyatzis, Ph.D., H.R. Horvitz Professor of Family Business Professor, Organizational Behavior
Distinguished University Professor, Case Western Reserve University
George M. Constantinides, The Leo Melamed Professor of Finance, Graduate School of Business, University of Chicago, USA
Christian Delporte, Former Rector, Facultes Universitaires Catholiques de Mons (FUCaM), Belgium, Associate Director, Quality Services, EFMD
Stylianos (Stelios) Kavadias, Cambridge Judge Business School, University of Cambridge
Panagiotis (Panos) Kouvelis, Senior Associate Dean & Director of Executive Programs Director of Boeing Center on Technology, Information and Manufacturing Emerson Distinguished Professor of Operations and Manufacturing Management
Arnoud De Meyer, President, Singapore Management University
Ilian Mihov, Dean, INSEAD, France
Christine Moorman T. Austin Finch, Sr. Professor Academic Area Marketing Marketing Strategy, Innovation, Consumer Behavior
John Saunders, Former Dean, Aston Business School, Aston University, UK
Luigi Tava, Professor of Quantitative Economics, Director, Quantitative Methods Center, SDA Bocconi, Italy
Howard Thomas, Distinguished Professor of Strategic Management and Dean of the Lee Kong Chian School of Business at Singapore Management University
Haridimos Tsoukas, Columbia Ship Management Chaired Professor of Strategic Management, University of Cyprus
Robert Winkler, James B. Duke Professor, The Fuqua School of Business, Duke University, USA